Samstag, 18. September 2021
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Global Industry: HelloFresh intends to acquire RTE meal expert

Bremerhaven. (bm) Germany’s HelloFresh SE announced that it has entered into an agreement under which it is proposed that HelloFresh or one of its directly or indirectly wholly owned Australian subsidiaries will acquire 100 percent of the share capital in Youfoodz Holdings Limited for 0.93 Australian Dollars per share in cash by way of a scheme of arrangement. Youfoodz is one of Australia’s leading ready-to-eat (RTE) meal services, offering fresh and healthy chef-prepared meals as well as snacks and drinks through delivery (D2C) and retail (B2B). Youfoodz’ three facilities produce more than 400’000 ready-made meals, 80’000 snacks and 25’000 drinks per week on average. Other topics of the week: